Schroders PLC Increases Stake in Mengniu Dairy with 18.14 Million Share Purchase

Stock News07-14

According to the latest data from the Hong Kong Stock Exchange, Schroders PLC acquired an additional 18.137 million shares of MENGNIU DAIRY (02319) on July 10th. The transaction was executed at an average price of approximately HK$17.38 per share, amounting to a total investment of around HK$315 million.

Following this purchase, Schroders' total holding in the company has increased to approximately 244 million shares. This represents a stake of 6.30% in the dairy producer.

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